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What can studying of trading volume on exchanges tell about Bitcoin price

July 11, 2019

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What can studying of trading volume on exchanges tell about Bitcoin price

Trading Volume and Bitcoin Price

Exchange analysis allows to see an outstanding growth in some metrics. Often, an increase in trading volumes leads to a sharp change in price (in this case, it increases). If this factor is used in conjunction with the other indicators, you can adjust your trading strategy more effectively.

You can compare trading volume with other metrics in DataLight Lab.

And you can get trading volume of all major crypto exchanges through DataLight API.

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